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Bwin.party digital said to a likely target for US giant
Thursday August 18,2011 : The mounting media coverage on the possible legalisation of internet gambling or poker in the United States has triggered a series of as yet unconfirmed rumours regarding US companies taking over already successful European online groups.
The motivation for the rumours is understandable; if the lucrative American online gambling or poker market is unlocked by lawmakers, major US gambling groups may seek a fast and easier entry by acquiring well established companies with the expertise and experience to make quick progress....and which have the additional attraction of a current international player base.
The most persistent of the rumours appeared in the UK newspaper, the Independent, this week, which reported that speculation on a possible takeover of the Bwin.party digital group by US giant Wynn Resorts was rife.
The report reasoned that the 45 percent fall in the company's share price that has taken place since the merger of Bwin and Party Gaming in March this year made it an attractive target...should online gambling be legalised in the USA.
It is known that the aggressive owner of Wynn Resorts, Steve Wynn, is interested in the US online poker market - earlier this year he was involved in a partnership agreement with Pokerstars.com, an arrangement conditional on internet poker becoming federally legalised.
That very promising venture was dropped in the wake of the Black Friday enforcement debacle, in which Pokerstars execs were named.
The rumours of a Wynn interest in Bwin.party digital lifted the share price slightly midweek.
There has also been speculation that a takeover or merger bid for Bwin.party digital may originate nearer to home - from the British group William Hill plc, which is reputed to be actively expanding, especially in its successful online operations under the William Hill Online banner.
None of the companies mentioned in the reports has so far commented, and the rumours remain unconfirmed and subject to speculation.
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MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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